Western Michigan University Homer Stryker M.D. School of Medicinebenefits
Western Michigan University School of Medicine Erisa Healthcare Plan · KALAMAZOO, MI · plan year 2024
Western Michigan University Homer Stryker M.D. School of Medicine's benefits plans covered 663 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability. Insurance premiums totaled $6,755,274. Insurance brokers and agents were paid $730,009 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 10.8% of premiums. That is $1,101 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 195% from $247,300 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 454135256 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.